Tag Archives: Mortgage Rates

John Ardy, CEO of Resitrader, gives insight into what mortgage trends he is currently seeing, the opportunities and challenges that come with these trends, and what industry shifts are anticipated for 2017.

Rates fell a bit lower this week, but buyers did not hurry to take out a mortgage loan. On top of that, mortgage credit has tightened this month, which could be the reason that buyers were unable to purchase a home.

Homebuyers often bite off more than they can chew when purchasing a home which can place them into mortgage debt due because they can no longer afford the home. See which cities host the most overleveraged borrowers.

This week the Federal Reserve is looking to raise interest rates, key housing indicators will show how the market is doing, there's a look at key economic indicators as 2015 closes, and we get a preview of how consumers are looking at things going into 2016. Read on.